Howmet forecasts first-quarter profit above estimates on strong aerospace demandFeb 12 (Reuters) - Howmet Aerospace HWM.N on Thursday forecast first-quarter profit above Wall Street expectations, as the maker of castings and fasteners for aircraft benefitted from strong industry demand for planes and parts.
The producer of parts for planemakers Boeing BA.N and Airbus AIR.PA expects first-quarter 2026 adjusted profit to range between $1.09 and $1.11 per share, ahead of analysts' estimate of $1.02, according to data compiled by LSEG.
(Reporting by Allison Lampert in Montreal; Editing by Shailesh Kuber)
((allison.lampert@thomsonreuters.com, 514-796-4212))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments